Bitcoin (BTC) Evening Update: The Minor Correction Has Likely Commenced

in bitcoin •  7 years ago  (edited)

SUMMARY

Bitcoin (BTC) has likely completed and confirmed the upward pointing wedge pattern. This is an early indication that the minor correction which I had discussed in earlier posts are probably starting.

The most likely alternate count would be as shown below. The wedge bottom line can be redrawn to be more inclusive of current levels. This would alternately move up the e wave to around $12,189 potential target. However, this is the alternate count which means it's subordinate to the primary.

I believe the blue arrow pathway is becoming the primary pathway. But note that the destination will not differ by much.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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  ·  7 years ago (edited)

As was predicted before until august bitcoin will be around 50 k sooner? no idea we will see!
What exactly is Obama telling us, that if you use bitcoin the government will not touch your cash?
HAEJIM was Obama advertising Bitcoin in his last interview?

What’s you percent right vs wrong with these calls? I’m curious if you’re beating the average.

Better in bullmarkets

I mean everyone is. Unless you recommend a short but even in a bear market people rarely recommend it.

  ·  7 years ago (edited)

You mean everyone is better in bullmarkets?

True.

Still haejin very often hits the price targets with precise in bull markets.

In bearish markets most TA veterans failed the past couple of weeks

PS: If you want to short really short term suggest DGD -BTC on Binance
Made some nice profits on it in the last BTC corrections

Haejin's predictions WILL lose you money

My IMX TA, Give me $300 upvote!
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Haejin's rewards come almost completely from a single user... Haejin doesn't care about you or the money you make, he just wants to earn as much money as he can and in the process he will ruin and kill the profits of others. So lets spread out these profits, #flaghaejin


Look at the first one, specific for your question

How many has he gotten correct?

The first link leads to a post that contains a link to a website where you can make a "portfolio" in crypto, like a fake one that won't cost you anything. The portfolio made in question uses a bunch of cryptos suggested by haejin, and its way down in the red

Fair enough. It could be the coin selection but it’s definitely evidence to not follow haejin’s selection.

Thanks for your work, @Haejin!

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Since the introduction of 20 day and 50 day SMA, BTC is not the same.
it keeps on fluctuating around 7k. it's a constant tug-of-war between the bulls and bears.

What is the calculation to figure out bandwidth to post and comment payout @haejin ?

Nailed it! Nice work man.

I appreciate your shelling out these reports every day

nice post thanks for sharing

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Always resteem your post sir @haejin .

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mantap

wao beautiful

How much more fall?
From which level should you buy?

Wow reputation 77

Your are most likely to be above the average. Are you?

good post ... i resteem your post

Good news for us. Now bitcoin ig growing up.
I think this is very good idea to invest to bitcoin

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BTCBitcoin9443.190$-4.15%-13.44%
EOSEOS6.211$-3.33%-27.02%
QAUQuantum0.178$-0.49%-23.39%
WAVESWaves6.112$1.18%-8.18%
  ·  7 years ago (edited)Reveal Comment

Look like you overkill it a bit

I don't understand the point you're trying to make.

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